STOCK TITAN

Rémy Cointreau: End of the Share Buyback Programme

Rémy Cointreau announced the conclusion of its share buyback program on December 8, 2021, acquiring 982,713 shares, equivalent to 1.90% of its share capital, at an average price of 172.51 euros.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags
buybacks
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

PARIS--(BUSINESS WIRE)-- Regulatory News:

Rémy Cointreau (Paris:RCO):

In accordance with the decision of the Board of Directors on June 2nd, 2021 (cf. press release of June 3rd, 2021), the share buyback programme implemented on June 7th, 2021, ended on December 8th, 2021.

Between June 7th and December 8th, 2021, the Group acquired 982 713 shares (representing 1.90% of the share capital of the company), at an average price of 172.51 euros.

As announced in the press release dated June 3rd, 2021, the shares thus acquired will be allocated to the following objectives: 1. Decrease the share capital by cancelling treasury shares; 2. Meet obligations arising from free share incentive programmes for employees and/or corporate officers of the company and/or its affiliates; and 3. Meet obligations arising from securities giving access to the share capital.

This decision does not affect the performance of the liquidity contract signed by the company.

The details of the operations carried out under this buyback programme are available on

Rémy Cointreau’s website: www.remy-cointreau.com in the section “Finance/Regulatory Information”.

For more information please contact:
Investor relations
Célia d’Everlange : + 33 6 03 65 46 78

Source: Rémy Cointreau

Keep reading